The outdoor advertising market lost several billions
The outdoor advertising market decreased largely last year: Compared to 2008, 5-6 billion HUF less was spent on billboards, citylight posters and building nets by the companies.
The turnover of the outdoor advertising market decreased from around 20 billion HUF of 2008, to 14-15 billion HUF.
The number of advertising spaces at the end of last year, decreased by about 5-10 percent, to around 50 thousand. According to experts, this year there will be some positive signs, but still stagnation is expected for the whole year – reports Világgazdaság Online.
Related news
Related news
Annual inflation in the OECD slowed to 4.2 percent in March
The average annual increase in consumer prices in the member…
Read more >New environmental fines: companies will now have to dig deeper into their pockets
From May 2025, companies will be subject to significant fines…
Read more >Hygiene without compromises
According to Viktor Hegedűs, senior brand and shopper activation manager…
Read more >